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Stockreport

You can now buy a $1,089 platinum bar from Costco—here's what to know before investing [CNBC]

Costco Wholesale Corporation (COST)  More Company Research Source: CNBC
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Recently, though, they've found something new to love about the wholesaler: precious metals. Costco began selling physical gold last year, and demand has been so hot that Wells Fargo analysts expect sales to now be in the neighborhood of $100 million to $200 million a month And earlier this month, the big box store began selling platinum on its website . A 1-oz. bar of the metal will run you $1,089, a small premium over platinum's spot price, which recently hovered around $1,000 an ounce. You can only buy the bars on the company's website, and you'll need a membership, which costs between $65 and $130 a year. Costco's move into metals has made it easier than ever for everyday shoppers to own physical gold and platinum. But it's far from the first time precious metals have been in vogue, especially among people looking to invest in them. Investors tend to flock to gold , in particular, in times of economic turbulence — especially amid fears that the fiat dollar may lose its va [Read more]
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Stockreport

You can now buy a $1,089 platinum bar from Costco—here's what to know before investing [CNBC]

Costco Wholesale Corporation  (COST) 
More Company Research Source: CNBC
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
Recently, though, they've found something new to love about the wholesaler: precious metals. Costco began selling physical gold last year, and demand has been so hot that Wells Fargo analysts expect sales to now be in the neighborhood of $100 million to $200 million a month And earlier this month, the big box store began selling platinum on its website . A 1-oz. bar of the metal will run you $1,089, a small premium over platinum's spot price, which recently hovered around $1,000 an ounce. You can only buy the bars on the company's website, and you'll need a membership, which costs between $65 and $130 a year. Costco's move into metals has made it easier than ever for everyday shoppers to own physical gold and platinum. But it's far from the first time precious metals have been in vogue, especially among people looking to invest in them. Investors tend to flock to gold , in particular, in times of economic turbulence — especially amid fears that the fiat dollar may lose its va [Read more]
IMPACT SNAPSHOT
EVENT TIME:
COST
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS